Annual_Budget_1980_001 - Laserfiche WebLink

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7btal proposed expenditures £or 19II0 are $8,837,922 which is a decrease of $253,048 or 2.80. Major categories of e�nditures cor,ipared with 1979 are as follows: Personal Services Other Current Expenses Capital Expe�zditures I�bt Service Total 1979 1980 Budget Pmposed 2,723,582 2,844,896 3,768,054 3,728,316 539,873 380,340 2,059,461 1,884,370 9,090,970 8,837,922 Lbllar Percent Increase Increase (I:ecrease) (Decrease) 121,314 4.450 ( 39,738) (l.OSs) (159,533) (29.550) (175,091) (8.50%) (253,048) (2.78s) Personal Services. The 4.45o increase in this category reflects two factors. First, overall ir.dividual salaries and associated items are up an average of approximately 7o in keeping with Presidential guidelines. Second, due to the closing of Liquor Store 1 and the projected closing of Store 2, two full ti� positions have been eliminated. In addition, ' changes of personnel in some positions have decreased som� individual position salaries. 'Ifiis results in an increase in Personal Services less than individual salaiy increases. Clirrent Expe.nses. This item shows a small decrease of 1.05% for 1980. While many e�zses are up due to inflation, the overall expenses have increased little because of the Liquor Store closings. Not including Liquor decreases, expenses are up $247,978 or 6.6% which does include fuel costs, petroleum products for street maintenance, and water and sewer increases. Capital Expenditures. It is recon¢rended that for 1980 this category de- crease, 29.55o. This decrease reflects an attempt to control the budget by controlling the purchase of capital items. Of a total expenditure of $380,340 projected for 1980, $85,022 will be £unded directly from property taxes. I�bt Services. The decrease in this category reflects what is eapected to be a 5- l0o decrease each year as the total debt is reduced. CONQ,USION 7n conclusion, theproposed 1980 budget inclucles no significant chanqes in programs or levels of service, other than the noted changes in the liquor store operation. Tne increase in the t� levy is primarily the result of inflation and the fact the City wi11 be receiving porportionately less in State aids. A stabstantial majority of single fami.ly residences should receive either a decrease or no increase in property taxes. The staff will provide additional information as requested. Certification of the levy must be made to the County Auditor by October 10. Respectfully submitted, �1 �� . u`r.�� -�z��:_c� James F. Andxe %� ' City Manager